ABBYY FineReader® Named Finalist in Software Industry Codie Award Competition

Moscow, Russia, December 29, 2003 – ABBYY USA Software house today announced that its FineReader 7.0 Corporate Edition has been named a finalist in the prestigious Codie Awards under the Best Business Productivity Product and Service Category for 2004.  The awards, given by the Software & Information Industry Association (SIIA), showcase the software and information industry's finest products and services and honor excellence for corporate achievement and philanthropic efforts.  This year, there was a record 800 nominations in 41 product and service categories.

"In light of the intense competition this year, to be named a Codie Awards finalist is a tremendous honor and an important achievement. SIIA is proud to recognize these companies as true leaders in their fields." said Ken Wasch, SIIA President

“ABBYY’s award-winning technology is renowned for its superior recognition accuracy and impeccable format retention, which helps businesses greatly increase their productivity,” said Dean Tang, President and CEO of ABBYY USA. 
”We are proud to be one of the finalists among the respectable gamut of software companies in the Codie Award program and are pleased to have this recognition from  the SIIA Codie Award judges.”

The latest version of ABBYY’s popular optical character recognition (OCR) application improves the process of converting paper and PDF documents into editable electronic files by adding an average of 25 percent increased recognition accuracy over the previous version.  FineReader 7.0 Corporate Edition, with its robust networking capabilities, is the ideal optical character recognition (OCR) solution for corporations that need to increase their productivity by converting and repurposing a variety of paper documents and PDF files.  FineReader 7.0 Professional Edition recently won Smart Computing magazine’s Smart Choice Award in its January 2004 issue. 

The Codie Awards program is the only peer recognition program in the software and information industry, providing a unique opportunity for companies to compete for the praise of their competitors. The 2004 Codie Awards will be presented at a black-tie gala on Tuesday, May 18 at the Palace Hotel in San Francisco, CA.


ABBYY (ABBYY Software House) develops linguistic and Artificial Intelligence (AI) software providing a full line of OCR and text-processing programs and solutions. ABBYY’s products include: FineReader OCR systems – a family of end user programs and development tools for recognition of printed texts, tables and forms; FormReader – an ICR program for recognition and processing of hand-printed forms; and ABBYY Retrieval & Morphology Engine – a set of developer’s tools for integration of full-text search and linguistic capabilities into external applications. Companies that license ABBYY recognition technologies include Siemens Nixdorf, Samsung Electronics, C-Technologies, Sumitomo Electric Systems, Arkenstone, Banctec, Acer, Hewlett-Packard, Microtek, Legato Systems, Grantsmart, Lexmark, Mustek, UMAX, NewSoft, Primax, Cardiff, Neurascript, Saperion, and SWT. ABBYY Group headquarters are located in Moscow with offices in Ukraine (ABBYY Ukraine), the USA (ABBYY USA, Fremont, CA), the UK (ABBYY UK, Bishops Stortford, England), and Germany (ABBYY Europe, Munich). For more information about ABBYY, please visit the company’s website at http://www.abbyy.com/.

ABBYY and FineReader names and logos are registered trademarks of ABBYY Software House. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies and are hereby recognised.

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